Saudi Arabia develops six economic cities, with a focus on non-oil growthOBGplus
The non-oil private sector is forecast to grow at more than 5% in 2015 and is expected to lead to economic expansion in three directions: vertically in industries drawing on the Kingdom’s hydrocarbons endowment; horizontally in industries that do not rely on oil; and spatially into areas of the country that have grown more slowly than the larger cities. The opening of the $20bn Sadara petrochemicals…